Soliton Systems K.K Balance Sheet Health
Financial Health criteria checks 6/6
Soliton Systems K.K has a total shareholder equity of ¥11.1B and total debt of ¥69.0M, which brings its debt-to-equity ratio to 0.6%. Its total assets and total liabilities are ¥22.6B and ¥11.5B respectively. Soliton Systems K.K's EBIT is ¥2.6B making its interest coverage ratio -35.7. It has cash and short-term investments of ¥13.4B.
Key information
0.6%
Debt to equity ratio
JP¥69.00m
Debt
Interest coverage ratio | -35.7x |
Cash | JP¥13.39b |
Equity | JP¥11.13b |
Total liabilities | JP¥11.49b |
Total assets | JP¥22.62b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 3040's short term assets (¥20.0B) exceed its short term liabilities (¥11.4B).
Long Term Liabilities: 3040's short term assets (¥20.0B) exceed its long term liabilities (¥90.0M).
Debt to Equity History and Analysis
Debt Level: 3040 has more cash than its total debt.
Reducing Debt: 3040's debt to equity ratio has reduced from 4.5% to 0.6% over the past 5 years.
Debt Coverage: 3040's debt is well covered by operating cash flow (5279.7%).
Interest Coverage: 3040 earns more interest than it pays, so coverage of interest payments is not a concern.